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Single-family homes in Silver Lake generally start at $400,000 and range to well over $2 million for especially luxurious homes.
Silver Lake, with its cozy little residential neighborhoods, is a glowing gem amidst the giant sprawl of Los Angeles. Hancock Park is bounded by Wilton Place on the east, Melrose Avenue on the north, Highland Avenue on the west, and Olympic Boulevard and Wilshire Boulevard on the south.
Hancock Park is a large region of central Los Angeles adjacent to and sometimes overlapping with the Mid-Wilshire district. Hancock Park was developed in the 1920s, by the Hancock family, with profits earned from oil drilling in the former Rancho La Brea (much of which is now the Miracle Mile district).
After a 1948 Supreme Court decision barring the enforcement of racial provisions in restrictive covenants, popular jazz pianist and singer Nat King Cole purchased a house in Hancock Park. In sharp contrast to most Los Angeles neighborhoods, houses in Hancock Park are set well back from the street, most power and telephone lines are buried, and fences are strongly discouraged. Hancock Park still has a white majority, but has welcomed small numbers of wealthy blacks, Latinos, Asians, and Orthodox Jews (who attend synagogues and yeshivas on La Brea Avenue, Beverly Boulevard, and in the Fairfax District) into the district. Public schools serving Hancock Park include Los Angeles High School, Fairfax High School, John Burroughs Middle School, Bancroft Middle School, Hancock Park Elementary School, and 3rd Street Elementary School.

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Some deferred maintenance but it has good potential and an upside sweat equity once it's restored to today's standards. We have uploaded 17 houses listings for this search in the last 24 hours, 52 in the past 7 days, 84 in the past 2 weeks and 139 in the past month.74% of the houses for sale have pictures.
Silver Lake also offers a few selections of condos that are priced between $400,000 and $775,000. Hollywood lies to the north, Koreatown to the east, Mid-City to the south, and the Miracle Mile and Fairfax District to the west. Hancock Park contains several smaller communities with distinct identities, including Wilshire Park, Larchmont Village, and Windsor Square. The Ku Klux Klan, still active in Los Angeles well into the 1950s, responded by placing a burning cross on his front lawn. The area also completely surrounds both the Wilshire Country Club and the Los Angeles Tennis Club.
Low maintenance front yard which is tastefully done, and back yard is designed with raised deck area.

Currently, interested home buyers can expect Silver Lake's average listing price to hover in the low $870,000 range, which can buy you 5-bedroom single-family home not too far from Echo Lake Park. Beverly Boulevard, Rossmore Avenue, Wilshire Boulevard and 3rd and 6th Streets are the primary thoroughfares running through the district.
Chisholm and John Austin were hired to design homes for many of the city’s pioneer families.
These characteristics, along with the area’s abundance of classic Los Angeles architecture, have made it one of the most desirable areas in all of Southern California ever since its development, and the average household income of its residents consistently ranks among the highest in the United States.
Hancock, born and raised in a home at what is now the La Brea tar pits, inherited 440 acres, which his father, Major Henry Hancock had acquired from the Rancho La Brea property owned by the family of Jose Jorge Rocha.
The Hancock Park development was started on Rossmore Avenue and moved west to Highland Avenue in 1921. In order to preserve its historic feel, Hancock Park is in the process of obtaining the designation of an Historic Preservation Overlay Zone (HPOZ) from the City of Los Angeles.

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